April 10, 2023
Dock workers belonging to the International Longshore and Warehouse Union stayed away from two shifts last week, marking the first significant disruption in what has so far been a relatively orderly labor negotiation process with the Pacific Maritime Association, which operates the Ports of Long Beach and Los Angeles.
The ratings agency cut KSS’ issuer credit rating and rating on its secured unsecured debt to BB from BB+, dipping deeper into junk territory, citing the retailer’s deteriorating results and continued macroeconomic pressures.
Deckers filed suit in WY district court against MBF Holdings for copying its Ugg Fluff Yeah design and infringing on its trade dress with MBF’s Tommy Hilfiger Laydown slippers.
The European B2B bicycle, parts and accessories distributor, which is owned by Signa Sports United, has launched its first U.S. distribution center in Park City, UT, in order to service bicycle shops here.